Thebe Magugu wants to build an international brand without forgetting the customers at home

When Thebe Magugu won the LVMH Prize in 2019, he became an almost instant celebrity in fashion. In the months that followed, she presented at Paris and London Fashion Week and dressed Rihanna, Naomi Watts and Lupita Nyong’o. These days, Magugu likes to take a step back from the limelight. Instead, the designer plans to … Read more

How some brands are beating the retail slowdown

If America’s economy is in a recession, someone forgot to tell the major fashion retailers. Shares of Coach-owner Tapestry Inc. soared Tuesday after the company posted record earnings — net income of $318 million on sales of $2 billion, down 5 percent from last year. Ralph Lauren also impressed with a slight increase in year-over-year … Read more

How to avoid the independent retail recession

Wood Wood defies the odds. Despite brutal market conditions for independent fashion retailers, the Danish department store, which has flagships in Copenhagen and London, expects this year’s revenue to double its total three years ago. The retailer’s success has allowed it to attract top talent to oversee its next phase of growth, tapping veterans from … Read more